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PPP Loan Data — Winnebago Tribe Of Nebraska,
Sloan, IA
Winnebago Tribe Of Nebraska
Entity: Corporation
Industry: Casino Hotels
Location: Sloan, IA
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Winnebago Tribe Of Nebraska is a corporation located at 1500 330th St in Sloan, Iowa that received a Coronavirus-related PPP loan from the SBA of $2,515,100.00 in April, 2020.
The company has reported itself as an American indian or alaska native owned business, and employed at least 351 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
351Loan Approved:
2020-04-27Lender:
LIBERTY NATIONAL BANKWinnebago Tribe Of Nebraska in Sloan, IA received a Paycheck Protection Loan of $2.52M through LIBERTY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Winnebago Tribe Of Nebraska's total 2019 payroll expenses were approximately $12.07M in order to qualify for the PPP loan amount received.
Based on their reported 351 jobs retained, this equals an estimated average yearly compensation of $34,395 per employee1.
Business Information - Winnebago Tribe Of Nebraska in Sloan, IA
1500 330th St
Sloan, IA 51055
Business Industry
Casino Hotels (NAICS code 721120)
Business Owner Demographics
Race / Ethnicity: AMERICAN INDIAN OR ALASKA NATIVE
Gender: Unreported
Veteran Status: NON-VETERAN
Congressional District: IA-04Industry PPP Comparison Statistics
Nationwide, 322 businesses in the "Casino Hotels" industry received a total of $284,070,183.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 90 employees, 74% lower than Winnebago Tribe Of Nebraska's reported 351 employees, and received an average PPP loan of $882,206, 65% lower than this company's loan of $2.52M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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